With this weeks coaching tip, we want to talk about this special time of year and how emotions often run high. Over this long holiday weekend, we're either traveling or hosting the in-laws and out-laws and fighting over who's going to get the last turkey leg. When you consider the best times to be emotional, certainly, we can do that in the surroundings of loved ones without the fear of backlash. However, when it comes to investing, we must remain vigilant to the investor dilemma and not allow emotion to dictate our investing decisions. This video points out how emotion can help us in everyday life, but it can also hurt us too. Market volatility is great when the market is up, but there are some investors out there that end up hurting themselves when the market is down by trying to save their investment. Quick knee jerk reactions don't work in investing and we hope that this video helps to reinforce that education and diversification are key to being a successful investor.
Paul Nichols is the President of Financial Abundance, Inc., a Registered Investment Advisor based in Central Pennsylvania with offices in State College and Lewisburg in Centre County. Please don't hesitate to call our office at 814-867-5745 or send Paul an email at email@example.com with any questions that you may have.
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